Lovisa's cloudy update | HarperCollins makes a deal with the AI-devil | Amcor's new package arrives

Lovisa, the fast fashion jewellery chain, has seen its revenue growth slow down to less than half of investor expectations HarperCollins has become the first major book publisher to allow an AI model to train off its books Amcor, the Aussie packaging giant, has announced a mega-acquisition of Ber…

Me&U cuts 10% jobs | Nvidia richer by $35B | Jaguar sheds off old skin

Me&U, the QR code ordering start up, will lay off around 10% of its workforce – a year after merging with its arch-rival Mr Yum. Nvidia’s share price dropped after releasing its quarterly results - but its CEO reckons that the AI gold rush is still going full steam ahead! Jaguar, the British carm…

CSL's shares get a shot | BlueSky's X-odus | Could Google lose Chrome?

CSL, one of Australia's largest companies, has suffered a 4% drop in its share price after a new leader of the U.S. Health Department was announced. BlueSky, the social media platform competing with X, has seen more than 2 million new users, after the US presidential election. Google may be force…

Life360's new surveillance plans | Cettire's drop in demand | The battle of CBA vs Apple

Life360, ASX-listed tracking tech, plans to continue its subscription momentum by expanding its offering to include pets and elderly relatives Cettire, the luxury goods marketplace, saw its shares drop more than 8%  after struggling with a drop in demand for luxury goods CommBank’s CEO says Apple…

Xero's profits add up | Amazon bags a Haul | Shopping spree for Shopify shares

Xero, the ASX-listed accounting software, has seen its share price jump to a record-high, despite slowing subscriptions. Amazon has launched a new ultra-low cost platform called “Amazon Haul” to compete head-on against Shein and Temu. Shopify has seen its share price spike more than 26% after its…

Rex Airline's $80m ticket to fly | Aristocrat Leisure's pivot | Vittoria's freshly brewed court win

Rex Airlines is back in business after after receiving $80 million in funding from the federal government. Aristocrat Leisure, the Australian pokies machine maker, has sold its mobile gaming business Plarium Global for up to $820 million USD as it pivots back to poker machines. Aussie coffee-make…

TikTok & Instagram ban in Australia | Saudi Aramco's profit drop | Coopers Brewery's secret winner

Australians under the age of 16 will banned from using TikTok, Facebook and Instagram under new government legislation Saudi Aramco, the world’s largest oil producer, has seen its third quarter profits plummet 15% after lower oil prices ate into its margins Coopers Brewery, the Australian owned b…

Trump-onomics' impact on Australia | Bitcoin’s record high| Big Tech CEOs woo Trump

The governor of the Reserve Bank, Michele Bullock, has said that Australia’s economy could face serious implications after Trump’s promise to increase tariffs. The price of bitcoin has hit a new record, jumping more than 10% after Trump's election win. Big Tech CEOs are now cozying up to Donald T…

Westpac's profit dip | Google's 20 decillion fine | Peloton goes up a gear... or three

Westpac has announced an annual profit of $7 billion, which is actually a 3% drop from last year as mortgage competition ramps up. Google has been fined 2 undecillion roubles, or $20 decillion USD by a Russian court after blocking Russian state media channels on YouTube. Peloton, the connected-fi…

Woolworths' e-commerce issues | Apple's got a problem | Meta’s doubling down on AI

Woolworths has warned investors that its earnings for the 6 months to December are looking likely to be 5% below last year’s results. Apple has seen its quarterly sales jump 5% after investors got their first peak on how its iPhone 16 sales are faring. Meta’s shares dropped 4% after its quarterly…